Year round resort by the beautiful Red River, Red River, NM.
25 Vacation Rental Units
3 Bedroom/3 Bath Owner's Residence
Guest Registration Office
Recreation Pavillion
Hot Tub Enclosed Gazebo
Grilling Area
Fire Pit
Picnic Area
Riverside Strolling Path
Plenty of Parking
Ski In and Ski Out lift on Border of Parcel
Nested in Mature Pines
1 Block From Main Street
Sought Out Tourist Area
Destination Location
Reservations Required a Year In Advance
Modern Kitchens
Quiet, Comfy
Owner's Home
Cozy Retreats
Trail-Boss Kitchens
Statement Fireplace
EXECUTIVE SUMMARY
LIST PRICE: $4,500,000
.66 acre parcel
Assessor Parcel #0027233, Taos County, NM
Property is improved with one and two stories
Exerior corridors
Woodframe lodge and motel
Built in or approximatel 1988
Zoning: C (General Business District)
Highest and best use: Lodging and improved
Property ownership: Fee simple
Buildings A, B, C
Owner's residence is in building C
SITE ANALYSIS
Lodge is on south side of River Street, 1 block south of Main Street and directly abuts the Red River. Parcel is rectangular in shape with approximate dimensions of 107.5 X 254 ft. The topgraphy is level and on grade. All utilities to the site are available and can accommodate a variety of different uses.
BASIC CONSTRUCTION
Concrete Slab
Wood Frame
Roof is A frame metal
Floors: Wood, ceramic, tile, carpet
Walls: Wood paneling over sheetrock
Ceilings: Wood/paint over sheetrock
HVAC: Hot water hydronic system, fireplaces. No air conditioning.
Washer/Dryers: 4 domestic water and 2 commercial dryers
Fire Safety: Hard-wired smoke detectors with battery backups in each unit
Parking: 22 spaces on-site; additional street parking. Number of spaces is more than adequate to meet zoning requirements.
Landscaping: Mature, well kept, attractive curb appeal
Quality of Workmanship: Excellent, well maintained, turn key appeal
Call broker for NDA document to obtain confidential info.
Cornerstone Investments International, LLC has been retained as the exclusive marketing consultant for Copper King Lodge.
Qualified investors have the opportunity to acquire this vacation resort property located on the banks of the RIVER.
This property is located in a highly desirable neighborhood, 1 block from the downtown area of restaurants, shoppings, tourist activities, parks.
The property mix includes:
3 Efficiency Units
4 One Bedroom Units
7 Two Bedroom Units
2 Three Bedroom Units
1 One Room Suite
8 Motel Units (1 Room)
4 Combination Units
3 Bedroom Owner Residence
1 Adjoining Office
Recreation Pavilion (hot tub, fire pit, gas grills, horseshoe pit)